https://knews.kathimerini.com.cy/en/business/1-houses-and-flats-for-sale-by-astrobank
AstroBank has listed for sale houses and flats that can be used for owner occupancy or as an investment in Paphos, Famagusta, and Nicosia....
https://knews.kathimerini.com.cy/en/news/positive-response-from-michailidou-on-the-construction-of-a-technical-school-in-kornos
The Municipality of Lefkara is advocating for the construction of a Technical School in Kornos, a request presented during a meeting on December 4th between Mayor Sofoklis Sofokleous and the Minister of Education, Sport, and Youth, Dr. Athina Michailidou....
https://knews.kathimerini.com.cy/en/news/astromeritis-evrychou-motorway-on-track-for-completion-by-2025-says-transport-minister
he long-awaited Astromeritis-Evrychou motorway project, a key initiative connecting the Troodos region with Nicosia, is steadily advancing toward completion, according to Cyprus's Minister of Transport, Communications, and Works, Alexis Vafeadis....
https://knews.kathimerini.com.cy/en/comment/opinion/affordability-urbanization-and-sustainability-how-real-estate-in-cyprus-greece-and-romania-will-evolve-by-2029
The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....
https://knews.kathimerini.com.cy/en/business/intrakat-s-€1-million-debt-to-cypriot-subcontractors-sparks-legal-action
Greek-owned construction company Intrakat, which was contracted to build part of the Paphos-Polis Chrysochous motorway in Cyprus, is facing significant financial troubles, leaving behind nearly €1 million in debts to seven local subcontractors and suppliers....
https://knews.kathimerini.com.cy/en/business/houses-and-flats-for-sale-by-astrobank
AstroBank has listed for sale houses and flats that can be used for owner occupancy or as an investment in Paphos, Famagusta, and Nicosia....
https://knews.kathimerini.com.cy/en/news/ancient-maritime-trade-between-cyprus-and-palestine-unearthed
In the summer of 2024, an excavation led by New York University at Maniki Harbour, near Agios Georgios Pegeias in Paphos, uncovered significant evidence of maritime trade connections between Cyprus and South Palestine in the 6th century AD...
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-s-growth-deserves-equal-support
Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...
https://knews.kathimerini.com.cy/en/news/government-faces-labor-strikes-as-key-sectors-demand-action
Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...
https://knews.kathimerini.com.cy/en/news/cypriot-company-brings-pizza-hut-back-to-greece
Pizza Hut is making a comeback in Greece, this time under the management of PHC Franchised Restaurants Ltd, a Nicosia-based company that oversees approximately 120 franchised restaurants and cafes in Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-role-in-the-east-med-highlighted-at-economist-conference
Cyprus’ growing importance in the Eastern Mediterranean was highlighted by U.S. Ambassador Julie Fisher and the UK’s new High Commissioner Michael Tatham during the 20th Economist magazine conference in Cyprus on Thursday....
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
https://knews.kathimerini.com.cy/en/news/greek-workers-strike-over-rising-costs-and-low-wages
Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....
https://knews.kathimerini.com.cy/en/news/road-to-nowhere-as-paphos-polis-project-hits-a-dead-end
The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...
https://knews.kathimerini.com.cy/en/news/kpmg-cyprus-unveils-kpmg-cyprus-real-estate-market-report-insights-13th-edition
The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. Market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-grows-by-3-9-in-q3-of-2024
Cyprus’ economy recorded a strong performance in the third quarter of 2024, with GDP growth reaching 3.9% in real terms compared to the same period in 2023, according to data released on Thursday by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/business/fired-paphos-polis-road-contractor-wants-€35-million-payout
The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....
https://knews.kathimerini.com.cy/en/business/cyprus-fires-contractor-on-stalled-pafos-polis-motorway-project
The Cyprus Department of Public Works announced it is terminating its contract with INTRACOM Constructions S.A., the company responsible for the stalled Pafos-Polis Chrysochous motorway project,
...
https://knews.kathimerini.com.cy/en/business/13-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale two large houses in Nicosia and Larnaca and other real estate that is ideal for investment purposes in Nicosia, Larnaca, and Paphos....
https://knews.kathimerini.com.cy/en/news/first-affordable-housing-block-for-refugees-in-cyprus-to-be-ready-in-20-months
In 20 months, the first apartment building under the government’s "KtiZO" Plan in the Apostolos Andreas Housing Settlement in Latsia will be completed....
https://knews.kathimerini.com.cy/en/news/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-2024-q3
On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated:...
https://knews.kathimerini.com.cy/en/news/two-arrested-in-ministry-of-interior-theft
Police have arrested two individuals in connection with a theft at the Ministry of Interior. According to 24News, the burglary, which involved the ministry's warehouse and two government vehicles, was reported on Monday, November 4, but is believed to have occurred over the weekend....
https://knews.kathimerini.com.cy/en/news/storm-wreaks-havoc-in-limassol-and-paphos-floods-hospital-and-damages-farms
A powerful storm on Saturday brought significant damage to Cyprus, with Limassol and Paphos provinces hit hardest....
https://knews.kathimerini.com.cy/en/news/archaeologists-unearth-rare-medieval-findings-at-panagia-karmiotissa
Archaeologists in Cyprus have unveiled a significant array of medieval findings at the Panagia Karmiotissa site, marking a discovery of rare scale and importance, according to the Cyprus Department of Antiquities. ...
https://knews.kathimerini.com.cy/en/business/cyprus-achieves-first-a-level-credit-rating-in-major-milestone
Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....
https://knews.kathimerini.com.cy/en/business/paphos-airport-will-expand-to-boost-capacity-and-modernize-facilities
Hermes Airports has submitted a proposal to expand Paphos Airport to better accommodate rising passenger numbers and bring facilities up to modern standards....
https://knews.kathimerini.com.cy/en/news/kapopoulos
Kapopoulos Auction House will present a live auction of Artworks at the Ajax Hotel in Limassol on Wednesday, November 6 at 7:30 p.m....
https://knews.kathimerini.com.cy/en/news/cypriots-linked-to-$75-million-money-laundering-probe-in-the-french-riviera
French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...
https://knews.kathimerini.com.cy/en/news/ft-foreign-students-lured-to-illegal-universities-in-occupied-cyprus
The Financial Times published an extensive report from Nicosia, highlighting a scheme targeting foreign students, particularly from Africa and Asia, through agencies promoting study opportunities at illegal universities in the occupied northern Cyprus....
https://knews.kathimerini.com.cy/en/news/vasilikos-terminal-in-limbo-as-negotiations-hang-by-a-thread
According to Apostolos Tomaras in today's Kathimerini, four months after the Chinese consortium pulled out of the construction of the Vasilikos terminal, efforts to fill the gap are still getting started....
